Insurance Company Scales Back ObamaCare

One of the nation’s largest insurance companies says it is scaling down its commitment to ObamaCare.

FOX’s Jon Decker has more from the White House:

Aetna, the nation’s third largest health insurer, said that due to persistent financial losses on ObamaCare plans, it will sell individual insurance on the government-run online marketplaces in only four states next year. Currently it provides individual insurance under the Affordable Care Act in 15 states.

Aetna’s decision follows similar moves from UnitedHealth and Humana, which have cited similar concerns about financial losses.

Aetna, which earlier this year said it was too soon to give up on healthcare exchanges, this month said it would review all its individual business.

At the White House, Jon Decker, FOX News.